Monday, November 5, 2018

Capitalist Gujarat SGDP 20% of India 1947, 7% Now & Patel  
Noveber04, 2018 (C) Ravinder Singh ravindersinvent@gmail.com

Whenever Iyer writes I respond with better and Real Story. I don’t have Detailed Economic Data but observations are Politically Accurate – some difference may be there in GDP figures, which are not presented correctly in Time & Region wise.

IYER has reported how rift between Finance Minister Liaqat Ali Khan& Home Minister Vallabhbhai Patel escalated and led to Partition of India on Issue of Taxes.

Both Vallabhbhai Patel and Liaqat Ali Khan didn’t Consider & Realize the ECONOMIC CONSEQUENCIES of Partition which was the CORE Issue at that time. Gujarat perhaps contributed 15% of United India GDP [20% of Indian Region] and Sindh 10% - Gujarat now accounts for 7% of GDP Net of India and 5% United India and Sindh $83b which is less than 3% of India-Pakistan-Bangladesh GDP together.

Political Disagreement between Gandhi and Jinah reduced the ECONOMIC Contribution of Gujarat+Sindh to around 8% at present then 25% to may be 30% before 1947 partition. BAD CAPITALISM FAILED IN SOUTH ASIA.   

Now Gujarat has 40% more GDP– Sindh 7% more than National Averages.

Ø Gujarat and Sind regions of United India accounted for over 70% of UI Trade that mainly originated in Gujarat and Sind.

Ø Though Ports are ACTIVE due to Location but Non Petroleum Exports from Gujarat may not be 5% and 2% for Sindh of United India Geographical region.

Ø Gujarat and Sind produced around 50% of Consumer Goods in United India – Textiles, Manufacturing, Oil & Gas, and Trade alone has huge PROFIT MARGINS, Gujaratis & Sindhis could migrate from hundreds of ports along the Coastline and establish in Africa, Europe & North America.

Ø More than 50% of Prominent Political Leaders mostly CAPITALISTS & Industrialists came from Bombay to Karachi belt. Gandhi, Jinah, Patel, Tata, Bajaj, Wadia etc.  

Ø Gandhi-Patel-Jinah CONFLICT Led to Partition & Bombay Karachi belt Lost ECONOMICALLY & POLITICALLY. Baring briefly Bhuttos and Morarji Desai – now Modi from Varanasi – had little political influence.

Global Gateway: Gujarat is a leader in exports with more than 20 percent share to India’s aggregate exports. 39.82 % of all cargo and more than 71 per cent cargo handled by Non-major ports of the Country is from Gujarat.
GSDP Share: With only 4.99 per cent population share, Gujarat accounts for 7.6 per cent share to National GDP.
Industrial Output Gujarat enjoys the status of industrially developed state of India with its 18.4 per cent share to Country’s industrial output, the largest among the states of India. [SER 2017-18]

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